2312 RIMROCK DR, Austin TX 78738

The market data from 7 similar recent sales in LAKE POINTE points to a value of approximately $876,647. To sell within a reasonable timeframe at fair market value, the $969,000 to $1,129,000 range is where I'd position this. With 4 comparable homes on the market in LAKE POINTE, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. This home's smaller footprint (130 sqft vs the comp average) plays a role in how the market prices it. Buyers in LAKE POINTE have 4 comparable options right now, with asking prices between $715,900 and $1,350,000. In LAKE POINTE, home values have fallen approximately 12.8% over the past 6 months. One of the strongest data points is 2212 Rimrock DR, Austin TX 78738, adjusting to $823,000; a strong comparable. 7 comparable transactions in LAKE POINTE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group